The Shorters who bought the around 1 Billion shares yesterday had borrowed the shares from the registered owner for the express purpose of using these shares for a shorting strategy. They would have made a substantial profit in so doing. In fact they actually made an extra A$12m on buying the shares from PLL calculated as follows: (SYA opening price $0.064 - PLL sell price A$0.052) x 1 Billion shares. Not bad for a day's work!
The registered holders of these shares are now being forced to sell because of SYA's exit from MCSI and probably ASX200 . They are the ones who are now losing the money.
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Last
2.6¢ |
Change
-0.002(7.14%) |
Mkt cap ! $267.6M |
Open | High | Low | Value | Volume |
2.8¢ | 2.8¢ | 2.6¢ | $286.5K | 10.70M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
25 | 7497011 | 2.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 5105482 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 7195085 | 0.026 |
32 | 8211284 | 0.025 |
27 | 6838572 | 0.024 |
21 | 4765707 | 0.023 |
36 | 4413692 | 0.022 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 3812968 | 7 |
0.028 | 3987299 | 29 |
0.029 | 9469476 | 19 |
0.030 | 15485234 | 30 |
0.031 | 2789626 | 6 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
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